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•n vrp-9 • V O ~~• t r1nM nrraovnu <br />December 19YY) \U'/ onm Nu. uxln uun <br />~SuperscJcs Forme UNITED STA1-ES eaa,r.: oa~mrr ll, zlxlz <br />7000-4 anJ 7GIX1-5) DGPARTM GN"f OF TIIC IN'fGRIOR Ulhcc <br />OUI2EAU OF LANU MANACEM ENT SJFO <br />CONTRACT FOR THE SALE OF MINERAL MATERIALS cnnlra~t Nullll,cr <br />COC 64651 <br />The UNITED STATES OF AMERICA acting through the 0urcau of LanJ Managenlenl :mJ yuu, the purchaser, wake this ACiRf•.EM EN'f, wlJer nc~ <br />amhoriry of the Acl of July }I, IY47 (Ill Slar. 681), as aI11CIIJCJ (}O U.S.C. GDI IIIrUUgh GOQ), enJ IIIC tegalallU115 ^I Q} CI'li, Grllllp 71100. <br />Wcagrec: C6J GRAVEL PRODUCTS, INC. <br />Sec. 7. Contract urea - UnJer nc~ terms anJ cunJiriuus of Ibis cunlrlcl, the UnireJ Sr:ncs sells w yuu anJ yuu buy the mineral materials IisreJ iu <br />Section 2 anJ cunlaincJ in the following IanJs as shown ou tltc map anJ mining plan auacbcJ ru Ibis cunuacl: <br />COUNTY STATE TOWNSIIIP 11ANGE SECTION ALIQUOT I'AI2TS MEIttUTAN AC-'HEAGE <br />La Plata CO T34N R9W Sec 3 <br />Sec 9 SW <br />NW 23 30 acres <br />Pil Namc (if airy): MONTOYA PIT <br />SBC. 2. Anwunr and price u/materials -The UnireJ Slates Jclenuiues dte wtal purchase price by wulliplying the total yuaulhy of each kinJ of miucrd <br />marcrial JesignaleJ by the unit price given below, ur as change) Iluuugh reappraisal. <br />KIND OF MATEIiIAL,S QUAN71'll' ~ <br />(Units ,Specified) I'I{1CIS <br />I'ER UNIT 'f0'I'AL I'I{tCE <br />SAND b GRAVEL 1,600,000.0 ton $0.75 $1,200,000.00 <br /> per Cnn <br />TOTAL 1,600,000.0 tonsl - $0.75 $1,200,000.00 <br />DLM's Jelcrminalion of nc~ amuuur of materials Thal yuu 6avc taken !! you arc late making an inslallulcN payment, yuu mull nut <br />wWcr the contract is binJing on yuu. Yuu may appeal This Jcrerminaliun remove any more m:ucrial uuril you have pail. Rcnwviug marcrial yuu <br />as proviJeJ in Scc. IG. have nut pail feet is trespass, uuJ cur trespass yuu must pay al triple the <br /> appraiscJ unit price, ur al Triple the reappraise) unit price i( OLM has <br />You arc liable (or the total purchase price, even if the yuamity of maJc a reappraisal. 'I'u resunrc removal UPCrJIlU11S a(ICr yuu were talc <br />' <br />materials you uhimalcly exrrac'l is Icss Than Ibe auwunr shown above. s written approval. <br />making payments, you must uhraiu OLM <br />You may not mine more than nc~ yuanlity of materials shown in the <br />conlracl. Sec. 4, /Ask of loss -Yuu assume cungllclc risk u( lass lilt ;dl malcrials <br /> In which yuu have title. If marcrial cuvereJ by this cunuacr is Damage) ur <br />SOC. 3. Payrnenrs, title, and reappraisals - 1'uu receive title lu nc~ JeslroycJ before tide passes, yuu arc liable fur all loss suffereJ if you ur <br />mineral malcrials only after you have pail fur Ihcm anJ exrracteJ Ihcm, your agents are Directly ur iuJircclly responsible fur the Damages. If ynu <br />You may not extract the malcrials until yuu have pail in advance fur arc nut reslmnsiblc fur the Janrlgc ur Jcsrntcriun, you arc liable only to <br />or ~' in inslallnlcnts of S 120 , 000.00 <br />Ihcm either: ^ in full nc~ cxrcut that nc~ Inns was cause) by your IaIIUfL' ru Il`I11UVC lI1C IIIalCf wl <br />, <br />C3Ch UIIJCr the Ie'fllls Uf Ililti CUIIIraC1. YUU 8rC 5111111ab1C fUr I)rCach Uf CUlllrat'1 <br />. Or ally WfUIIgfUI Uf IICgI16Clll al'I. <br />^ if you pay in full in ndvuncc, IiLM will check ibis Lux, auJ <br />subseetfons 3(a) through 3(c) Ju not npply lu your conlracl, }'ou Sec. 5. /legron.cibilip• for dnrnngc ro nmrcriuls nor sold ro yuu -Yuu arc <br />must pay in jolt for all sales of $1,000 ar less.. respuusiblc fur loss ur Jmuagc ru materials nut sold whether you arc <br />(a) If you pay in installnlcnts, you mull pay nc~ first inslullmcnt Jircr]ly ur iuJircclly respuusiblc. Yuu arc also responsible fur nor <br />performing unJer the cuurracr accorJing ru 6LM's instructions. If the <br />before ULM approves Ibe CWIIraCI, arlJ yUU must pay the secuuJ <br />installment before beginning to extract nc~ minerals. UnireJ States incurs auy costs resulting from your breach of any couuact <br /> Icnns ur from your failure to use proper conservation practices, yuu arc <br />(b) Your next inswllmenl payment bccunlcs Juc when nc~ value of responsible. !f the Damage resullcJ from willful ur gross negligence, you <br />Ibe materials you extract is cyual lu the aumunl of the scconJ anJ auy arc liable fur triple tllc appraiscJ value of the Damage) or JcslruycJ <br />later installments you have alrcaJy pail. mareri:ds. If the Janiage ar Jesuucriun JiJ nor result (run willful or gross <br />(c) The UnireJ Srares wilt retain nc~ first instalbncot as security for negligence, yuu arc liable fur lesser charges, but nut less than the <br />your full and faithful performance anJ will apply it lu nc~ last installment appraiscJ vatuc of Ilte malcrials. <br />require) lu make the total payment cyual to Ibe lutnl price given in <br />section 2. SOC. 6. Sripularinns nod resrnrd terms - Yuur rights arc subject w tttc <br />The total purchase price equals the sum of the total yuanlirics rcgulnlious al 47 CFIi Group 3600 and w any stipulations anJ the miuiug <br />remove), mulliplieJ by Ihcir respective nnir prices. The balance Juc plan attache) to this contract. <br />when Icss than a full installment remains lu be pail is the value u( the <br />material remaining unJer this conlracl. Yuu must pay Ibe total purchase ~ 8LM will check ibis box ff there nee stipulations alWched fu This <br />price nut later Than G0 Jays bafure the cunuad expires. conlracl. <br />(Canrimred on reverscq <br />